Singularity × zkMe XP Campaign

zkMe

• 4 min read
Singularity × zkMe XP Campaign
  • We are thrilled to launch the Singularity × zkMe XP Campaign today on the Arbitrum blockchain. Participants can boost earnings with their zkMe decentralized identities by engaging with our enhanced Identity Hub (https://app.zk.me/).
  • Recently, zkMe has announced a strategic partnership with Singularity, a pioneer in compliant confidential DeFi infrastructure. This collaboration aims to ensure KYC compliance for Singularity and the preservation of user data through the integration of zkMe's cutting-edge zkKYC solutions. 
  • The Singularity × zkMe XP Campaign brings together our esteemed partner, Singularity, to provide both zkMe and Singularity users with a seamless experience in completing on-chain KYC on the zkMe platform and engaging in staking activities with Singularity on the Arbitrum blockchainMost importantly, participants will have the opportunity to win exciting rewards by completing tasks below:
    • Completing KYC on zkMe
    • Staking on Singularity: deposit and lock ERC20 tokens and mint an equivalent wrapped sgTokens on a 1:1 basis. Holders of sgTokens will receive a zkMe Badge, zkMe XP, and Singularity points (SGP).

Campaign Duration

The campaign will run from 12:00 PM UTC on July 17, 2024 and is designed as a long-term initiative without a specified ending date. However, it’s important to note that early participants will have more opportunities to earn, so the earlier and more involved you are the more you win. The conclusion of the campaign will be announced at a later date.

Campaign Rewards

The Singularity × zkMe XP Campaign provides participation rewards including:

  1. zkMe
    1. Singularity x zkMe Badge
    2. +25 XP (Points from zkMe)
  2. Singularity
    1. SGP (Singularity Points). For more information about Compliant Staking base point earning on Singularity, please visit https://www.thesingularity.network/compliant-staking.

✨Tips for Higher Rewards 

To ensure a 2x boost on your rewards, here are a few suggestions:

  • Follow @zkme_ and @singularityzk on Twitter, and engage with the campaign announcement by retweeting, reposting, replying, or liking it.
  • Verify your identity with zkMe before July 17 12pm UTC to receive a 2x boost on zkMe XP and SGP. This means you will earn 50 zkMe XP and 2x the base points you gained from Singularity. For more information about Compliant Staking base point earning on Singularity, please visit https://www.thesingularity.network/compliant-staking.

How To Participate

  1. Upon logging into the Identity Hub at https://app.zk.me/, click on “Campaigns” in the navigation bar on the left to access our campaigns. Click on the “Singularity” Campaign.

  1. View the Singularity Campaign details in the popup window. 

  1. Click “Verify Now” to start verifying your identity with zkMe. Once you have completed the KYC verification, you will see the “Completed” button. 

Please note:

  • Your KYC process will be conducted on the Arbitrum Chain. If your original network is not Arbitrum, the system will prompt you with a “Switch Network” button.
  • You will be asked to authorize Singularity to check your SBT for KYC compliance.
  • Your zkKYC is reusable. If you previously verified your KYC on zkMe (on or before July 17), you can reuse it to earn a 2x boost or use it for future campaigns.
  • For details on the KYC procedure, please visit: https://www.youtube.com/watch?v=VsiTWr6errw
  1. Click “Stake Now,” and you will be directed to Singularity’s platform for staking.

Stake ETH/USDC/USDT on Singularity (Arbitrum), mint sgTokens 1:1, and earn Singularity points (SGP).

Please note:

  • Singularity applies participation selection criteria based on anonymous KYC data, meaning not every user may be whitelisted to participate. However, zkMe XP is provided to all users who complete KYC, regardless of their ability to participate in the Singularity campaign.
  1. Once you have completed all the required procedures in Step 3 and Step 4 sequentially, you will see the "Check My Badge" button available. Click on this button to proceed and claim your badge immediately.

In addition to the "Singularity x zkMe" co-branded badge, your rewards also include both XP and SGP:

  • You may return to your zkMe Identity Hub to check your rewarded XP.
  • To check and claim your SGP reward points, Singularity will be sharing a points claiming page in the coming weeks which will also be shared here once it’s live. 

Disclaimer

zkMe and Singularity reserve the right to make the final decision.

About zkMe

zkMe builds zk Identity Oracles for truly decentralized & anonymous cross-chain credential verifications.

No personal information is ever processed by anyone but the user themselves. Data leaks & misuse by the service provider are impossible; full interoperability & reusability result in a superior ID solution. zkMe’s is the only FATF compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil, to KYC and more.

For more information, follow the links below:

Website | Twitter | Discord | Docs |

About Singularity

Singularity is a compliant institutional DeFi infrastructure layer that provides on-chain participants with commercial confidentiality. Singularity is integrated with leading DeFi protocols and users will have their wallet addresses obfuscated while leveraging existing DeFi liquidity. Singularity uses the state-of-the-art UltraPLONK proof system with zero-knowledge circuits based on Noir. 

Website | X | Discord | Docs